5 Nov 2025
Company preparing A-share listing with Guangdong regulator
Guangzhou – Wanli Tire Co. Ltd has entered IPO guidance with the China Securities Regulatory Commission (CSRC), marking the first step toward a planned A-share listing.
The filing was registered on 29 Oct with the Guangdong Securities Regulatory Bureau, according to the guidance notice.
Under the ownership of state-owned Guangzhou Industrial Investment Holding Group since 2021, Wanli has been expanding production capacity in China and overseas in recent years.
The company produces passenger car, truck and speciality tires, with manufacturing sites in Hefei and Guangzhou, the capacity of which was expanded by 25% last year. (ERJ report)
Wanli is also in the final stages of completing an 11-million-unit/year tire plant in Cambodia. (ERJ report)
Details on fundraising size and planned use of proceeds will be disclosed in the prospectus.
According to the company’s website, Wanli reports annual revenue of Yuan 7 billion (€850 million), placing it among China's top tire makers.
Wanli ranks 41st in the ERJ Global Tire Report 2025.
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